China 2049: What kind of country will it be?

What will China be like in 2049, the 100th anniversary of the People's Republic? President Xi Jinping states that China will become a fully modernized, socialist country – prosperous, strong, democratic, culturally advanced, harmonious and beautiful. What do these terms mean? What kinds of structural or institutional reforms are needed? What about China's engagement with the world? What are the challenges?

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